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Politics : Politics for Pros- moderated

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From: LindyBill	5/4/2009 8:40:48 AM
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Wal-Mart Expands Drug Program Retailer Steps Up the Competition Over Managing Benefits for Employers Wal-Mart Stores Inc. is expanding a pilot prescription-drug program for companies, heating up the race among pharmacy retailers to transform the way drugs are priced and sold. The discount retailer is offering businesses low-priced drugs if they sign up to buy directly from Wal-Mart's network of in-store pharmacies, rather than contracting to buy drugs through third parties known as pharmacy-benefit managers. Wal-Mart's program follows other recent initiatives by big pharmacy retailers to grab market share by offering companies a less-expensive and simpler way to manage their drug plans. The competition among Wal-Mart, Walgreen Co. and others to create more-efficient business . online.wsj.com

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